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Re: bar1080 post# 2795

Friday, 11/19/2021 1:51:12 PM

Friday, November 19, 2021 1:51:12 PM

Post# of 3288
Yes, I can agree with that. Nothing can predict stock price movement with 100% accuracy. However, the chart reflects the attitudes and actions, past and present, of other market participants, thus offering a glimpse into the probabilities of future price movement and direction. Of course the chart is open to interpretation and must be analyzed and integrated with other available information. If the trader is good at that, he/she will win more times than he/she loses. If not, well. . .

Personally, I do not use T/A in a vacuum. I have been trading actively for over 22 years now as my main source of income and I am not a gambler. T/A is the best road map I have, bringing together all the information available to me and is thus most helpful to me in my trading.

But then perhaps I am just lucky at guessing because I have far more winning trades than losing ones!

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